MANTRA (OM) Price Prediction 2023-2025: Will the Surge Last?

The live Mantra price today is $1.28, with a 24-hour trading volume of around $81 million. According to CMC, Mantra’s OM token is up 20% in the last 24 hours.

The price of liveMantra today is $1.28 with a 24-hour trading volume of around $81 million. According to CMC, Mantra’s OM token is up 20% in the last 24 hours.

Participants in Hongbai, Mantra's testnet, will compete for 50 million OM at the price of $0.7 per OM token after the team launched this testnet in May. The team has prepared prize money worth that amount. Participants must complete tasks posted on the project page in Galxe to earn OM.

After finding support at $1, OM continues to rise. Bulls expect it to reach $1.48 sooner than expected, but this is contingent upon Bitcoin price performance. The coin is being traded actively. It has surged nearly 27% in the past week, and the returns over the past six months have been 1390%. Moving averages indicate a strong buy. If OM breaks through resistance at $1.37, it could target $1.70, which would represent a substantial increase. The patterns are bullish overall, suggesting significant gains for short- and long-term traders.

On July 3, a major partnership was announced between MAG, a leading real estate developer in the UAE, and Mantra. The collaboration will see the tokenization of MAG's real estate portfolio, which was valued at $500 million at the time. This marks a crucial milestone in the tokenized real world asset industry across the globe.

Another factor that could be impacting OM's price is Binance Square's new Giveaway Center, where members of the Mantra community can complete tasks to unlock OM worth $10,000. The giveaway is currently live and will run until July 30.

Mantra is a highly secure RWA Layer 1 Blockchain, which can adhere to and enforce all effective regulatory requirements. It is designed for institutional users, offering a permissionless blockchain for permissioned use cases.

Built on Cosmos SDK, Mantra is IBC-enabled and supports CosmWasm. Secured by an autonomous PoS validator set, it scales up to 10,000 TPS and features built-in modules, SDKs, and APIs to create, manage, and trade regulatory-compliant RWAs. The blockchain eases the onboarding of non-native users and institutions into the Web3 space. Notably, at the time of writing, whales hold 76.24% of all OM in circulation.

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